Suez says temporarily moves Catalonia office to Madrid

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Fri, 27 Oct 2017 - 08:15 GMT

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Fri, 27 Oct 2017 - 08:15 GMT

The logo of French group GDF Suez is seen on a building in the financial district of La Defense, near Paris - REUTERS

The logo of French group GDF Suez is seen on a building in the financial district of La Defense, near Paris - REUTERS

PARIS - 27 October 2017: France's Suez, the top water provider in Spain, has temporarily moved the legal registration of its offices in Catalonia to Madrid because of legal uncertainty related to Catalonia's independence movement.

"We have temporarily moved the registered office of Agbar, which is the (Suez) holding company in Catalonia, to Madrid in order to protect the legal certainty of investors, because what we see now in Catalonia is uncertainty," Chief Financial Officer Christophe Cros said on an earnings call.

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